India loan growth

India’s loan growth decreased to 19.9 by -1.0% on September 2024 from 20.2 in the previous month. On a year on year basis India’s loan growth increased by 1.0%. India’s loan growth trend is down since the current value of 19.9 is lower than the 12 month moving average of 20.0.India’s loan growth 1-year percentile is currently at 100.0 5-year percentile is currently at 16.0%. MacroVar monitors the factors of Momentum, Trend for India loan growth.
A detailed analysis can be found here